www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

USEUROPEAFRICAASIA 中文雙語Fran?ais
Business
Home / Business / Finance

China cautiously hastens capital account reform

Xinhua | Updated: 2013-05-09 12:30

BEIJING - China's latest call for an "operational plan" to achieve yuan convertibility under the capital account has raised the prospect of a specific reform timeline, although the government will likely conduct the reform step-by-step rather than all at once, analysts said.

The State Council, or China's Cabinet, said Monday that a plan to make the currency convertible under the capital account will be proposed this year, indicating that a blueprint for the long-discussed reform is in place.

"China should come up with a general target this year and gradually phase in specific measures," said Zong Liang, deputy head of the Institute of International Finance at the Bank of China.

He said he expects the convertibility goal to be achieved by 2020.

Currently, the yuan is convertible for trade purposes under the current account, while the capital account, which covers portfolio investment and borrowing, is still largely controlled by the state over concerns of abrupt capital flows moving in and out of the country.

The timing and speed for opening the capital account, as an important part of the country's intended financial reform and the yuan's internationalization, has resulted in divided views among market analysts, with some suggesting quicker steps and others describing such radical moves as disruptive to the financial market.

"Yuan convertibility under the capital account will hinge on the further liberalization of interest rates and exchange rates, as the distorted price of capital may misguide money flows," said Liu Dongliang, a senior analyst at China Merchants Bank.

Previous Page 1 2 Next Page

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 九一色视频 | 国产高清在线 | 欧美午夜三级我不卡在线观看 | 国内91视频| 538在线视频二三区视视频 | 精品视频h | 久久精品福利视频 | 精品国产亚一区二区三区 | 成年网站在线 | 97公开免费视频 | 免费高清不卡毛片在线看 | 尤蜜网站在线进入免费 | 毛片免费全部免费观看 | 成人在线网站 | 国产成人福利视频网站 | 国产偷国产偷亚洲高清在线 | 久久精品国产一区二区 | 日本综合久久 | 全部免费毛片在线 | 国产日韩精品一区在线观看播放 | 亚洲欧美小视频 | 一级特黄性色生活片一区二区 | 黄网在线观看免费 | 免费亚洲视频在线观看 | 成年女人免费毛片视频永久 | 九九色视频在线观看 | 国产成人精品一区二区不卡 | 欧美一区二区三区播放 | 中文字幕日本一区波多野不卡 | 国产9191精品免费观看 | 欧美日韩精品在线播放 | 一级毛片在线完整免费观看 | 精品国产一区二区三区四区vr | 亚洲精品日韩中文字幕久久久 | 成人欧美视频在线观看播放 | 国产精品1区2区 | 91伊人久久 | 久久精品国产免费高清 | 精品视频一区二区三区四区 | 久久久久久免费视频 | 精品在线一区二区 |